Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.024%
Price spread now: BingX against Coinbase International−0.030%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.030%, 7d avg −0.060%
Together, before fees+0.051%+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.030% dearer against Coinbase International than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.060%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International DOGE-PERP-INTX0.099700.0240pay 0.0030% / 1h46m 45s$2.0M$24.9M50x
ShortBingX DOGE-USDC0.099670.0100get 0.0100% / 8h6h 46m$3.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$29.4
Price spread: −0.030% → −0.060%
$2.97
Slippage, 4 orders
−$16.93
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$63.36
Costs to cover
0.369%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago1.50 bp8.5 bp −$913.9 bp −$13944.1 bp −$4,407doesn't fit
Sell BingX live order book, 3 min ago1.00 bp9.1 bp −$915.2 bp −$15247.5 bp −$4,747127.8 bp −$63.9K

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0139%8h0.09943−0.271%$150.9M$273.0M75xas long as short
dYdX DOGE-USD0.0000%1h0.09952−0.178%$223K$59K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09973+0.033%$405K$4.9M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09978+0.085%$23K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0021%1h0.09979+0.089%$596K$119K25xas long as short
Kraken Futures PF_DOGEUSD+0.0066%1h0.09969−0.012%$5.8M$34.0M50xas long as short
Lighter DOGE+0.0096%1h0.09962−0.082%$761K$5.9M15xas long as short
Katana Perps DOGE-USD+0.0098%8h0.09985+0.150%$835$429K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09984+0.140%$490K$976K10xas long as short
Aster DOGEUSDT+0.0100%8h0.09969−0.010%$4.7M$47.8M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica DOGE+0.0100%1h0.09964−0.060%$329K$503K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09958−0.125%$316.6M$1.42B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09956−0.140%$158.0M$441.9M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09955−0.150%$109.3M$971.9M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09967−0.030%$128K$181K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.199%$383K$5K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09966−0.040%$241.2M$129.8M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09954−0.160%$111.1M$225.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09954−0.160%$65.3M$42.7M75xas long as short
BingX DOGE-USDCshort+0.0100%8h0.09967−0.030%$3.4M
Backpack DOGE_USDC_PERP+0.0100%1h0.09974+0.040%$352K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09952−0.181%$953K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09983+0.126%$269K$126.9M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09976+0.060%$637K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09990+0.201%$146K$274K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09976+0.056%$257K$640K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09976+0.060%$70K$438K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09975+0.045%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09988+0.182%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09971+0.010%$2K$3.7M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09978+0.077%$6.0M$54.3M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09973+0.030%$92.0M$17.9M50xas long as short
Extended DOGE-USD+0.0104%1h0.09950−0.196%$526K$3.9M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09969−0.010%$19K3xas long as short
Paradex DOGE-USD-PERP+0.0117%8h0.09961−0.086%$18K$7K30xas long as short
Reya DOGERUSDPERP+0.0183%1h0.09980+0.099%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09988+0.177%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09978+0.080%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTXlong+0.0240%1h0.09970long leg$2.0M$24.9M50x
Phoenix DOGE+0.0241%1h0.09980+0.099%$65K$284K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0268%1h0.09978+0.076%$312K200xas long as short
RISEx DOGE/USDC+0.0563%1h0.09960−0.100%$320K$406K10xas long as short
Hyperliquid DOGE+0.0708%1h0.09980+0.100%$121.3M$97.0M10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.1001+0.401%$5K$239K12xas long as short